China Mobile Favored, `Cautious' on Unicom

China Mobile Favored, `Cautious' on Unicom Play

Aug. 22 (Bloomberg) -- Tucker Grinnan, a Hong Kong-based analyst at HSBC Holdings Plc, talks about China's telecommunication industry. China Telecom Corp. is expected to announce its interim financial results today, followed by China Unicom (Hong Kong) Ltd. tomorrow. China Mobile Ltd., the world’s biggest phone company by subscribers, last week posted second-quarter profit that missed analyst estimates amid increased spending to lure smartphone users. Grinnan also discusses his expectations for Apple Inc.'s new iPhone with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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